Japan annual 6063 aluminium billet premiums settle at $140-150/t

Annual 6063 billet premiums in Japan have largely settled in a range of $140-150 per tonne cif main Japanese ports for 2018, market sources told Metal Bulletin.

Four major market participants reported deals for Middle Eastern, Russian and Australian material within the range. The premiums are in a narrower range than the level of $140-170 per tonne settled for 2017. The upside for 2018 annual contracts was capped by ample supply and increased competition in the market, industry participants noted. “The Middle Eastern, Russian and Indian producers are...

Published

Vivian Teo

January 12, 2018

09:45 GMT

Singapore